The currency pair Solana/Tether (SOL/USDT) moves from the ascending trendline down.
A descending movement down to the next support at 86.19 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 89.32 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
And also a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 91.98 |
| 2nd High | 90.73 |
| Next High | 89.32 |
| Current Price | 85.720000000 |
| Next Low | 86.19 |
| 2nd Low | 85.9 |
| 3rd Low | 85.84 |
86.76 – 86.8 – 86.94 – 86.19 – 85.9 – 85.84 —
87.890000000 – 86.150000000 —
65.319058520794 – 34.841674662393 —
– —
86.76 – 1777192200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –